COMMERCIAL.

Temuka Leader, Issue 2424, 12 November 1892, Page 4

COMMERCIAL.

CHRISTCHURCH CORN EXCHANGE,

The following is the Corn Exchange report (per F. Denham, Secretary), for the week ending November 12th : The leading houses in the grain trade have been closed for the greater part of the week, and if they had closed for the balance it would not have made much difference to the amount of trade done. Wheat—We fear our remarks of last week are but too true, and prices have given way. but not knowing of any transactions worth recording at a lower rate we repeat last week’s quotations. Oats, Barley, Peas, and Beans—All inactive. Potatoes —The shipments of the week have been small, and are likely to get less. No orders of any size on hand. Dairy Produce—Active at quotations, the English market being very firm. The following are prices paid to farmers’, f.0.b., packages extra, potatoes and millers goods excepted : Wheat Prime milling, os 4d ; others, Is 9d to 2s 6d. Barley—Useless quoting. Oats—Milling, Is lid ; feed, Is 7d to Is lOd. Flour—Best brand. roller. Bran—sss. Pol-lard—-GOs, sacks included. Potatoes —lO s stations. Butter—Farmers’. 7d to 9d ; fresh factory, lid. Cheese —Scarce, 3d to sd. DUNEDIN PRODUCE MARKETS. The following is the report for the week ending November 8 : Sheepskins—(Shorn pelts are now beginning to come forward, but unless these are carefully looked after a serious depreciation in value takes place. For green butchers’ skins there are at present less buyers than for lines which have been carefully dried, and it is doubtful if the latter do not sell better in comparison than the former. At auction on Tuesday butchers’ best crossbreds brought os to 5s (id ; extra heavy halfbreds, os 9d to 6s; medium, 4s to os; merinos, 3s to 4s; well-saved pelts, 9d to is; lambskins, lOd to Is 3d; dry skins, corresponding rates.

Hides—Values are without alteration, and may be quoted as follows : Prime heavy ox, to 3d per lb; extra heavy a shade more ; medium. 2d to 21jd: average weight, mixed

classes, Ifd to 2d; light, I^-d; inferior and damaged l£d.

Tallow All lots change hands freely at the following rates, nor would a considerate increase in the supply affect values meantime : Best rendered mutton tallow is worth 19s to 20s per cwt; medium to good, 17s to 18s (id ; average mixed, Ids Gd to 17s ; inferior, 13s to 14s ; clean unrendered mutton caul fat, 13s Gd : mixed, 12s Gd to 13s ; rough fat, 10s Gd to 12s. AUSTRALIAN MARKETS. Sydney, Nov. 9. Wheat, chick, 3s; milling, 4s 7d to 4s 8d ; New Zealand, 4s 3d. Flour, New Zealand, from £8 15s. Oats, 2s 3d to 2s 4d. Maize, 3s Gd to 3s 9d. Barley, 3s 3d to 3s sd; English,nominal, 4a 2d to 4a Gd. Bran, and pollard lOd. Peas, Prussian Blue, 4s to 4s 3d. Potatoes, New Zealand, £2 10s to £2 13s. (The Mararoa shipment arrived in good condition.) Circular Heads, £2 10s. There is a limited supply of new potatoes. Latest quotations for new onions, £5 10s to £O. Gutter, dairy-made, 8d ; factory-made, 9d to lOd. Cheese, sd. New Zealand bacon, prime, new cured, Od ; hams, la. Nov. 10. Wool continues firm, There is active foreign competition, especially among the American buyers. Greasers, medium, brought from Gd to 7dj superior from to 9£d ; crossbreds, medium, to 7d ; superior, 8d to 8^cl; scoured, medium, to Is o£d ; superior, Is to Is 4d. Melbourne. Nov. 9. Wheat is quiet, prime 3a Bd. Flour, stone-made, £8 j roller-made) £8 10s. Oats, stout, Is lOd to 2s 2d. Potatoes, £4. Adelaide, Nov. 9. Wheat, 3s B£d. Flour, roller-made, £9 2s Gd to £9 7s Gd. Oats, 3s 3d to 3s Gd. Bran and pollard, Bid. MONETARY AND COMMERCIAL. London, November 9. The total quantity of wheat and flour afloat for the United Kingdom is 2,0G0,0U0 quarters, and for the Continent OuG.OOO quarters. Bank of New Zealand shares, new issue, £7 lus : old issue, £o 10s. Natujjml Bank oCNew Zealand. £1 10s. In the .(/-/ion (Vey v. The New Zealand Shipping (,’ompany, a compromise has been the New Zealand Shipping Company paying Jrfff the cjai'ii. The action arose out i of a (shipmetP of cheese by the R.M.S. lvinr.it ;Va. wUirh wm tn * ,ave been damaged of! tUe Itouie. Sir Graham Berry's j French otfer about a lo m is J' | enlorised Bankers and brokers assert that, bad the offer been accepted, it would have closed London borrowing, and seriously prejudiced the | r ;es of colonial stocks, as it would have created distrust. Brussels, Nov. 9. At the opening of the Antwerp wool sales there was an average attendance of buyers, and fair competition. 2d32 bales were offered, 1300 being sold. As compared with last Antwerp sales there was a fall of o centimes in fleece wool, but the rales for pieces were unchanged ; while lambs showed a rise of 5 centimes. The Antwerp wool sales have closed. The attendance of buyers and the competition were disappointing, and about half the quantity was withdrawn.